Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Sean “Diddy” Combs Headed Back In Solitary After Pampering Rumors
Sean “Diddy” Combs has been returned to solitary confinement at New Jersey’s FCI Fort Dix where he is serving his sentence. Combs, 56, was moved to the Special Housing Unit at FCI Fort Dix in New Jersey, TMZ reported Wednesday. The move follows an NBC News report detailing allegations about his treatment behind bars. Diddy is reportedly being sent back to solitary confinement after an NBC News report detailed his alleged VIP treatment behind bars. According to the report, he paid fellow inmat
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Real Madrid send UEFA 'substantial' documents regarding Barcelona's alleged referee payments
UEFA confirmed on Thursday afternoon that it had received multiple documents from Real Madrid regarding the investigation into allegations that Barcelona have made payments to Jose María Enriquez Negreira, the former deputy head of Spain's technical committee of referees. The Negreira case, an investigation into payments that Barcelona allegedly sent to the CTA vice-president over several seasons, is has loomed large over Spanish football in recent years. On Thursday afternoon, UEFA confirmed
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Three takeaways from Trump's “Super Intelligence” summit
US President Donald Trump hosted a meeting of top technology bosses on Tuesday for what he called "an extraordinary gathering" of the minds that are "building America's Golden Age". The guest list included leaders from OpenAI, Anthropic, Nvidia, SpaceX, Meta and Google - all key figures in the US AI industry. The meeting came as some tech executives and experts have called for tighter oversight of AI, citing concerns about the potential risks it poses to humanity. Here are three key takeaways
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One of the five men detained near RAF Fairford called 999 himself
One of five men arrested near RAF Fairford in the early hours of Sunday morning had dialled 999 himself, according to the BBC. The suspect called the police at 00:45 BST, almost an hour before a female farmer also dialled 999 after seeing men in balaclavas. The five were arrested on suspicion of explosives offences and later terrorism offences after three vans were spotted, sparking a major security incident around the Gloucestershire base which the US military operates. They were released on
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